The Dutch government will give another $700,000 to help farmers in developing nations make more sustainable use of water through innovations.

The Netherlands Ministry of Foreign Affairs already contributes $7 million to the Program to the Securing Water for Food: A Grand Challenge for Development, a collaboration between the United States Agency for International Development (USAID), the Swedish International Development Cooperation Agency, the Government of South Africa, and the Dutch Ministry of Foreign Affairs.

On Wednesday, March 1, Dutch Deputy Chief of Mission Joanneke Balfoort and David Ferguson of the USAID signed an amendment at USIAD in Washington, D.C. for the Netherlands to give another $700,000 to the program.

“This collaboration brings together the best of both worlds, the entrepreneurs’ mentality of the United States and the Dutch expertise on innovative water projects,” said Balfoort.

Sustainable use of water resources is important because water scarcity is one of the most critical issues of the 21st century. Thus far, the Securing Water for Food program has saved more than 66 million gallons of water, produced nearly 3,000 tons of food, and served more than 370,000 farmers in more than 25 developing countries.

The Securing Water for Food program represents a new approach to foreign assistance. Through a yearly competition, innovative thinkers from universities, startups and NGOs from all over the world have the opportunity to scale their social enterprise, which contribute to more sustainable water use. The winning initiatives of this year’s competition will be announced later this week.